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REPAY Announces Inducement Award Grant for Rick Watkin

RPAY
  • Repay Holdings Corporation (NASDAQ: RPAY) announced an inducement award for Rick Watkin following the closing of its acquisition of KUBRA Data Transfer, Ltd.
  • Mr. Watkin will serve as President of KUBRA & was granted 833,333 restricted stock units (RSUs) as a material inducement for his employment.
  • The Compensation Committee approved the grant on June 1, 2026, in accordance with Nasdaq Listing Rule 5635(c)(4).
  • The RSUs will vest in equal annual installments over a three-year period beginning on the grant date, subject to continued service.
  • The award was granted outside of REPAY's equity incentive plans & is subject to the terms of the award agreement.
  • REPAY provides vertically-integrated payment processing solutions to verticals with specific transaction needs.